Jul 14
Lifetime Laurels
Lifetime Laurels
IT came as no surprise when Financial Express conferred its prestigious Lifetime Achievement Award on L&T Whole-Time Director & CFO Mr R Shankar Raman for his sterling contribution to the world of finance, in various roles, for nearly four decades.
Joining the L&T Group in 1994, Mr Shankar Raman, across the years, assumed responsibilities to oversee the entire finance function at the Group level. Appointed CFO and elevated to the Board in 2011, Mr Shankar Raman is also on the Board of Management of several L&T Group companies.
As CFO, he wears many hats. He strategises, manages risk, endorses environmental, social, and governance (ESG) practices, tracks the number of safe man-hours and spurs innovation. His ability to carry people with him plays a big part in addressing the challenges.
“These recognitions come our way because we happen to work for organisations and platforms which represent a larger cause”, Mr Shankar Raman said on receiving the honour.
Recognising the crucial role CFOs play in a company’s fortunes, The Financial Express aptly describes them as ‘the unsung heroes of the corporate world’ who shoulder big responsibilities, but whose efforts often go unappreciated. Working quietly behind the scenes to cope with changes in business cycles and volatile markets, CFOs do much more than simply balance the books. The CFO Awards were instituted to acknowledge, appreciate, honour and celebrate India’s best financial minds.
The distinguished jury was chaired by Mr Paresh Sukthankar (former Dy MD, HDFC Bank), and comprised Mr Amit Chandra (Chairperson, Bain Capital), Mr Pradip Shah (Chairman, IndAsia Fund Advisors), Mr Ajay Srinivasan (MD&CEO, Aditya Birla Capital) and Mr Amit Tandon (MD, IIAS). The award ceremony, hosted on 23 March, was presided over by Mr Nitin Gadkari (Union Minister for Road Transport, Highways and MSME).
Quiet and unassuming, Mr Shankar Raman has been the recipient of several awards – such as the Best CFO of Asia in the Industrial Sector in a survey conducted by New York-based Institutional Investor magazine and has been conferred the Best CFO Awards by CNBC TV18, Business Today and Yes Bank.
Badminton, a five-km daily morning walk and a spot of yoga keep him slim and trim. He unwinds over P G Wodehouse and music, and can rustle up a mean
Jul 14
Honour for L&T Oman
Honour for L&T Oman
LARSEN & TOUBRO (Oman) LLC has been conferred the prestigious ‘Infrastructure Project of the Year’ Award by Construction Week Oman – the largest construction and contracting portal in the Middle East.
The honour has come for significantly contributing to the environment and demonstrating construction best practices and technologies. The Award was hand over to L&T (Oman) at a ceremony hosted virtually on 31 March.
Construction Week chose L&T Oman for its work on the solar PV plant with Oman Power and Water Procurement Company. It was lauded for focusing on renewable energy and green initiatives that will benefit tens of thousands of households. In addition, the project was delivered on time and on budget – despite the very many difficulties experienced in 2020-2021.
L&T Oman was also ‘Highly Commended’ for its health, safety & environment efforts on the Shatti Al Qurum Hotel & Apartment Project.
The eminent jury comprised Mr Jamie Kellick (Senior Partner - Kennedys Law), Mr Lachlan Gyde (Executive Director, Asset Management - Ithra Dubai)  and Mr Ashley Williams (Editor - Construction Week). They evaluated multiple submissions from 11 categories to find the highly commended and eventual winners. 
Following its win, L&T Oman will now be shortlisted for the ‘Infra Project of the Year’ for the Construction Week Awards 2021 which will take place in December.
Jul 14
L&T’s Buildings & Factories vertical won the Indian Concrete Institute’s (ICI) – Outstanding Concrete Structure Award 2020 for the design and execution of the Narendra Modi Cricket Stadium at Motera in Ahmedabad. The award was conferred at ICI’s 28th Annual Awards ceremony in Bengaluru on 16 March. The award is testimony to the excellence demonstrated by L&T in constructing the world’s largest cricket stadium.
Jul 14
Honours & More
Honours & More
Diversity & Inclusion
Mindtree won the second runner-up position in “Best Employer for Women” category at the Diversity & Inclusion Excellence Awards and Conclave, 2020, organised by the Associated Chambers for Commerce and Industry of India.
Golden Peacock
‘Mindtree Foundation’ has been awarded the winner of the ‘Golden Peacock Award for Corporate Social Responsibility’ for the year 2020. The jury was chaired by Mr M N Venkatachaliah, former Chief Justice of India and former Chairman - National Human Rights Commission and National Commission for Constitution of India Reforms.
HR Excellence
Mindtree has been conferred the ‘Excellence in Employee Welfare Initiative’ Award by BW Business World. The BW HR Excellence awards recognise and reward contributions that drive organisations to achieve overall excellence, thus emphasising the importance of human capital as a key business investment. The awards commemorate three pillars on which HR must excel to prove its brilliance – HR Strategy Excellence, HR Execution Excellence and HR People Excellence.
Cloud Partner
On 22 February, Mindtree achieved the Application Development Partner Specialisation in Google Cloud Partner Advantage Programme. This highlights Mindtree’s expertise and success in building customer solutions in application development using Google Cloud technology.
“This recognition instills further confidence in enterprises that Mindtree can effectively help them migrate their legacy applications and workloads onto Google Cloud,” says Mr Radhakrishnan Rajagopalan (Global Head, Customer Success, Data & Intelligence – Mindtree.)
Heralding IT Transformation
On 22 March, Mindtree inked a multi-year engagement with Knauf, a global manufacturer of building materials and construction systems. As Knauf’s preferred supplier, Mindtree will help build a future-ready technology core, driving innovation, reducing time to market, and improving operating efficiency.
“Mindtree offers the scale, global operating model and expertise in infrastructure and applications management to help Knauf push their digital transformation initiatives and provide the quality of service they are known for,” says Mr Venu Lambu (Executive Director & President, Global Markets – Mindtree.)
App for Aflac
Mindtree developed an enhanced mobile application, MyAflac Mobile, for United States’ largest insurer Aflac. The app enables users to conveniently file claims directly from their mobile device.
“Aflac is a standout brand when it comes to simplifying customer experience. We are proud to collaborate with them to develop the new experience that will help deliver solutions for policyholders quickly and painlessly,” says Mr Lambu.

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